NCM newcrest mining limited

Be interesting to see what sort of downside we see in NCM today...

  1. 524 Posts.
    Be interesting to see what sort of downside we see in NCM today , following last nights margin increase of 30% on the silver contract. Obviously a tactical ploy from "the house" at the request of the "bleeding" shorts - gold also fell hard late on the comex close then in the after hours in sympathy. Mind you gold priced in AUD only down a few $$$ from yesterday.

    All perfectly orchestrated imho - this has the footprints of JPM / HSBC all over it....
 
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